COST price prediction

  • |
  • 14 October 2022
post-thumb
aistockpriceprediction.com and DataFortress.cloud are not giving any trading advice. Statistics and opinions stated on this website are purely statistical, and should never be used for real life trading. Form your own decisions and speak with a registered investment advisor before investing.

Predicted price range for Costco Wholesale

Our trading algorithm values Costco Wholesale (COST) to be strongly undervalued.

The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.

NameValue
Our valuationstrongly undervalued
Current trenduptrend
Buy/Sell RecommendationStrong Buy
Current Price$467.99
60 Day Prediction$504.5
60 Day Pred - Lower Bound$482.05
60 Day Pred - Upper Bound$526.91

Our algorithm predicts the future trend with the linear formula (a*x + b = y):

$ price = 0.243 * nr_days_in_the_future + 497.216

Based on this information, our algorithm recommends the trading decision: Strong Buy. Remember that this is not investment advice, and only a statistical analysis. Do your own research.

Historic price development

COST traded at $467.99 this Friday October 14th, gaining since last week.

Looking back, over the last month, COST has been loosing $-31.53 or -6.737323326831472 percent.

Over the last year, it has been loosing $-1.78 or -0.38034975457603915 percent.

Seasonality of Costco Wholesale

Using our AI model, we have been analyzing the value change for Costco Wholesale depending on the day or month of a year. This can be seen in the following graph: